Gilbert Renze Charitable Foundation Tr

Private foundation · Grantmaker Carroll, IA EIN: 94-6792271

The Gilbert Renze Charitable Foundation is a private foundation based in Carroll, Iowa. Its 2024 filing says distributions are limited to charitable purposes benefiting residents of Carroll and Sac Counties, Iowa.

Key facts about Gilbert Renze Charitable Foundation Tr

In short: Gilbert Renze Charitable Foundation Tr gave $67K across 15 grants in 2025 (avg $4K), mostly in Iowa. 53% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
94-6792271
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$67,400
Grants made (2025)
15
Average grant
$4,493
Median grant
$5,000
New grantees (estimate)
53% first-time grantees (8 of 15, 2025; small sample)
Total assets
$1,472,946
Primary geography
Iowa (100% of itemized 2025 grant dollars)
Deadline
The 2024 filing lists the first Wednesday in July.

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.5M

+9.3% YoY

Annual Giving

$67K

+8.0% YoY

Grant Count

15

+66.7% YoY

Avg Grant Size

$4K

-35.2% YoY

Under IRS private-foundation payout rules, Gilbert Renze Charitable Foundation Tr reported a distributable amount of $69K for 2025 — the minimum it must pay out in qualifying distributions.

Is Gilbert Renze Charitable Foundation Tr open to new grantees?

53%

first-time grantees, 2025

In 2025, 8 of 15 grantees (53%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $4K; repeat grants $5K. How we count

Medians: $5K first-time, $5K repeat.

  • 13% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−6%). Method
  • In 2025 it paid out 107% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants included support for library improvements, child care programs and facilities, community-center equipment, and other local projects.

Among its grantees, Sac Community Center describes its mission as offering charitable recreational, athletic, and educational opportunities to Sac City and surrounding communities. Manning Betterment Foundation says it works to encourage community pride and social and economic development. Lake View Foundation says it assists with civic projects in Lake View.

Grantmaking

In 2025, the foundation made 15 grants totaling $67,400. Grants ranged from $2,139 to $6,800, with a median grant of $5,000. Notable awards included $6,800 to the City of Wall Lake for library computers, Meals on Wheels, and fire-department equipment; $5,000 to Breda Day Care Center for center updates; $5,000 to Carroll Area Child Care for curriculum; $5,000 to Sac Community Center for a generator; and $3,961 to Lake View Foundation for outdoor instruments and Legion hall windows.

The 2024 filing says the foundation does not restrict giving to preselected organizations. It describes a written application requiring information about the organization, its mission, programs, staffing and volunteers, proposed goals and activities, community benefit, long-term funding strategies, and how the proposal meets the geographic requirements. The filing also says to include the most recent financial statement. Awards are restricted to charitable purposes in Carroll and Sac Counties, Iowa.

Review Cycle

The 2024 filing lists the first Wednesday in July. That filing’s application cycle is past.

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Geographic Focus

Where this funder awards grants

The 2024 filing restricts distributions to charitable purposes benefiting residents of Carroll and Sac Counties, Iowa. All 2025 grant dollars went to recipients in Iowa.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 15 itemized grants.

States

Cities

Lake ViewCarrollWall LakeBredaOdeboltDedhamGliddenSac CityArcadiaLyttonAuburnEarlyManningSchallerAmesHalburLake CityLanesboro

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K6 grants2019 10 grants2020 7 grants2021 7 grants2022 5 grants2023 9 grants2024 15 grants2025

From 2019 to 2025, annual grant giving ranged from $57K (2023) to $72K (2022). In 2025 it made 15 grants totaling $67K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

City of Wall Lake IA: $7KCity of Wall Lake IA$7KCity of Odebolt IA: $5KCity of Odebolt IA$5KBreda Day Care Center Inc: $5KBreda Day Care Center Inc$5KCarroll Are Child Care: $5KCarroll Are Child Care$5KCity of Schaller IA: $5KCity of Schaller IA$5KCity of Early Iowa: $5KCity of Early Iowa$5KSac Community Center: $5KSac Community Center$5KManning Betterment Foundation: $5KManning Betterment Foundation$5KCity of Lanesboro Iowa: $5KCity of Lanesboro Iowa$5KLakeview Iowa Historical Society: $5KLakeview Iowa HistoricalSociety$5K

The largest 2025 recipient was City of Wall Lake IA ($7K). Together the top 10 received $52K.

Grant Size Distribution

43 grants across all recorded years

43<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 43 grants of 43 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
City of Wall Lake IA Wall Lake, IAComputers for library, meals on wheels & equipment for fire department$6,800
City of Odebolt IA Odebolt, IALibrary HVAC$5,000
Breda Day Care Center Inc Breda, IACenter updates$5,000
Carroll Are Child Care Carroll, IACurriculum$5,000
City of Schaller IA Schaller, IASecurity cameras$5,000
City of Early Iowa Early, IAChair lift for library$5,000
Sac Community Center Sac City, IAGenerator for community center$5,000
Manning Betterment Foundation Manning, IAChild care center program$5,000
City of Lanesboro Iowa Lanesboro, IARestroom$5,000
Lakeview Iowa Historical Society Lake View, IAHVAC$5,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $1,472,946 $33,014 $83,542 $67,400 (15 grants)
2024 $1,347,809 $32,549 $77,801 $62,387 (9 grants)
2023 $1,247,749 −$5,999 $70,594 $56,562 (5 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,472,946$1,347,809$1,247,749
Revenue$33,014$32,549$-5,999
Expenses$83,542$77,801$70,594
Qualifying Distributions$74,377$68,991$62,592
Net Investment Income$24,898$24,706$20,432
Distributable Amount$69,234$64,790$58,287

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 7, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 25, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 14, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Iowa Savings Bank as trustee.

Gilbert Renze Charitable Foundation Tr's only listed officer is Iowa Savings Bank, Trustee on every filing since 2019 (compensated).

Officers on the 2025 filing

  • Iowa Savings Bank

    Trustee

    On filings since 2019

    2 hrs/week

    $12K (2019) → $13K (2025)

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Iowa Savings Bank — Trustee: $13KIowa Savings BankTrustee$13K

The highest reported compensation on the 2025 filing was $13K, to Iowa Savings Bank (Trustee).

Contact

Application contact: Michel Nelson
Mailing address: 510 Highway 30 West, Carroll, IA 51401
Phone: (712) 792-9772

Frequently asked questions about Gilbert Renze Charitable Foundation Tr

How much does Gilbert Renze Charitable Foundation Tr give each year?

Gilbert Renze Charitable Foundation Tr gave $67K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $62K across 9 grants.

What is Gilbert Renze Charitable Foundation Tr's typical grant size?

Gilbert Renze Charitable Foundation Tr's median grant in 2025 was $5,000, and its average grant was $4,493, across 15 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Gilbert Renze Charitable Foundation Tr that year got $4K on average.

Where does Gilbert Renze Charitable Foundation Tr give grants?

Gilbert Renze Charitable Foundation Tr gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lake View, IA (3 grants), Manning, IA (2 grants) and Sac City, IA (2 grants).

Does Gilbert Renze Charitable Foundation Tr give general operating support?

Not in 2025: none of the 15 grants with a stated purpose on Gilbert Renze Charitable Foundation Tr's 2025 IRS Form 990-PF were described as general or operating support.

Who are Gilbert Renze Charitable Foundation Tr's largest grantees?

Gilbert Renze Charitable Foundation Tr's largest 2025 grantees include City of Wall Lake IA ($6,800), City of Odebolt IA ($5,000) and Breda Day Care Center Inc ($5,000), according to its 2025 IRS Form 990-PF. Together they received 25% of its itemized 2025 grant dollars.

How large is Gilbert Renze Charitable Foundation Tr?

Gilbert Renze Charitable Foundation Tr reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $74K in qualifying distributions that year, against a required minimum of $69K (roughly 5% of its investment assets).

What does Gilbert Renze Charitable Foundation Tr fund?

No mission statement for the foundation is provided. Its 2025 grants included support for library improvements, child care programs and facilities, community-center equipment, and other local projects. See mission & focus areas ↑

How do I apply for a grant from Gilbert Renze Charitable Foundation Tr?

Gilbert Renze Charitable Foundation Tr has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

What is Gilbert Renze Charitable Foundation Tr's EIN?

Gilbert Renze Charitable Foundation Tr's EIN (Employer Identification Number) is 94-6792271. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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